Doubtful, speedo is not accurate especially at high speed. I bounced off the limiter a few times once, it was very smooth, nothing like hitting the rev limiter. It cut at an indicated speed of 108 or so. But that's totally inaccurate because my rev indicates a speed of between 110 and 115.
BTW, I know a free way of removing the speed limiter. It's works the best on a '95 because you won't loose the speedo. And I have gone over 130 this way.